Have you been thinking about selling your home, but are wondering how much closing costs are in Maryland? Selling your home is a big decision and knowing how much money you will earn from the sale of your home is important.
Typically, the biggest chunk of change that sellers pay at closing is the loan payoff. If you’ve paid off your mortgage, and any other loans on the property, the next biggest chunk is commissions (which can range anywhere from 4-8%). A few other expenses will be title insurance, government taxes and transfer charges…but let’s save that fun stuff for later.